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20121222
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. the brown and the gray. what are the differences between them and how are they clashing now that we get closer and closer to the fiscal cliff? >> the brown and the gray is a phrase i've been using for the last few years to describe the two giant generations that will shape american life in the coming decades. the brown is the millennial, the most diverse in american history. over 40% nonwhite. the gray is the aging baby boom which is joining the silent generation in a huge senior cohort that is 80% white. and they have very different political inclinations, preferences and different interests at stake in the fiscal cliff and budget negotiations. on the one hand, taxes verse spending and so does the kind of spending. discretionary spending mostly investments in the future. entitlement spending mostly income security for the older generation. >> so who benefits if we do cross the fiscal cliff? >> i think there is no question that getting the debt and deficit under control is in the interests of younger generations so they are not saddled with debt solely for our current consumption. but h
'm patti ann browne in for martha maccallum patti ann: local crews said there is only one thing that could have accused the damage. >> one thing they saw damage indicative of tornado damage. we had homes 90% destroyed. that doesn't happen with straight line winds. >> you have a lot of damage. people hurt and i went out with the skid steer. we rounded up equipment. we started opening the road for emergency vehicles and get ambulances in. it's a mess. gregg: we are live from "america's newsroom" to elizabeth prann. elizabeth? >> reporter: hi, gregg. yeah, very unusual time of year for such destructive storms. in fact damaging tornados across the southeast. strong winds as far as texas. folks were celebrating their christmas evening as storms left00 of thousands of without power at any given time. the system moved through parts of alabama, georgia, mississippi and parts of florida. the biggest city to be hit by numerous rare winter twisters as well as powerful straight line winds. forecasters say there could have been as many as 19 tornados that ripped through the area. trees and power lines
. and special elections are fun. i look forward to this. we also might see scott brown again, who used to be senator for two years. >> exactly. and of course, he was just defeated, but, you know, it's not every until it's over. scott brown might values that seat as well. who knows how this is all going to play out. >> always another election. >> exciting times, candy. >> thanks so much, lisa sylvester. >>> america's debt is enormous and growing. but one man thinks he can make a dent by crushing cans. his story, ahead. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have
's the superstar relationship that has hollywood asking are they or aren't they? chris brown, who beat his then girlfriend rihanna in 2009 said in october he's renewed his friendship with the singer but is it more than just friends? song collaborations and vague tweets from rihanna have suggested otherwise. >> they want to keep everyone guessing and don't want to explain what's going on with their relationship to anyone in the world. >> the jacksons, the family drama turning into one big reality show. >> more turmoil for the jackson family last summer as michael jackson's teenage daughter paris announced on twitter that her grandmother an guardian, katherine jackson, was missing. forcing a judge to suspend her guardianship of michael's three kids. >> katherine jackson is back home. she says she wasn't kidnapped. >> michael's siblings disputed the claim saying their mother was in arizona under doctor's orders. a judge restored katherine as permanent guardian of michael's children. whether it was a pleasure or guilty pleasure, audiences couldn't turn away from tlc's hit reality show "here co
not to be charlie brown racing toward the democrats lucy and the football and yet every time they do. the republicans go in good faith and very ernestly to try to negotiate with the president and in this case boehner has put $800 billion of new revenue on the table. he is willing to meet the president halfway on that. yet the president turns around and gregg, says, no you get nothing for that. he was quoted as saying i get that for free and i'm not going to do anything on spending. gregg: "wall street journal" participant taking notes in the room at the same time. look, you say in your column that boehner is inept but if he really is charlie and lucy and the football, then he is gullable too, isn't he? >> i think a the are of republicans are. i think a the are of republicans felt this president, once he won re-election would have his eye on his legacy and want to move closer to the center but that is usually what normal presidencies do. this is not a normal presidency. gregg: right. >> this is a president whose eye on the fundamental transformation of the nation. what he means by tha
: and brown bag it a little bit. i know my buddy was saying, i spend $10 a day picking up a coffee for myself and my wife. it's like 60 bucks a month. >> right. of that $10, $7, according to the "wall street journal," goes to rent and labor costs for the restaurants. it's no brainer. cut back on the restaurant bill. you can actually save money and do the math, reinvest it over the 20, 30 years you have ideally for an average worker now. that could add up to a mighty sum to put toward retirement. >> clayton: and almost pretend you're buying it by reinvesting it. taking that money and don't even pay attention to it. put it right into a savings account. >> yeah, buy stocks in it. >> clayton: finally, you talk about coming back on the -- cutting back on the cable and tv and phone. people think they need these extra digital phone services at home and might not. >> smart phone obviously -- this is your area, very competitive environment now for the smart phones, the google, samsung. these guys want to negotiate with you. the carriers in particular. there are a lot of consumers. so you could get a d
Search Results 0 to 5 of about 6